Profit maker method is a new binary options system promising to bring in nearly $2000 in instant cash. The developer of the system is Timothy Hollingdale, he trader that I’ve never heard of before.
Today I’ll be providing a review and letting you know if this is a system that you can trust or one that you should avoid.
Profit Maker Method Review
The story behind the profit maker method is one that we’ve heard many times before. Hollingdale tells us that he used to work for Barclays and with the knowledge from that job he’s been able to create a software that can help us trade binary options profitably. The problem with this story is that whenever I researched the developer of the system I can never find any information on him online. Top traders that work for large banks generally have a LinkedIn profile or published articles somewhere online for me to fact check.
Timothy Hollingdale doesn’t come up in any of my research.
He claims that his application has an 87% winning rate in trades completely on autopilot. So essentially, all you have to do is press a button and then the software trades for you. Historically, binary options auto traders are extremely unreliable.
In watching the profit maker method video there are certainly a few red flags. There’s one statement in particular that I take issue with. Timothy Hollingdale tells us that we can earn a return of 96% with a specific type of binary options trade. I’ve never seen a binary options broker payout come even close to this number and considering Timothy is recommending the Tradorax broker, they only have a maximum payout of 85%. This is stated on their website. This makes me feel like Timothy is not knowledgeable when it comes to binary options trading, which gives me an uneasy feeling.
There are a couple other issues I have with the promotion of this product. The testimonials feel like they are fabricated accounts from bad actors. I can only go by my gut but in this situation and I don’t feel like traders are withdrawing thousands of dollars every money from their bank accounts. This really isn’t possible anyways because it takes a binary options broker generally a few days to send you your funds.
Today I will not be recommending the profit maker method to the binary today readers. There are quite a few red flags associated with this product release and I’m just not willing to take that leap of faith. In doing research I’ve also found that in their terms of service they make reference to the copy buffet system so either they copied the terms of service from another product or are actually associated with them. Either way, it’s not a good position to be in. Let me know what you think about this new system by leaving a comment below. I’m always interested in hearing from traders about binary options. If you ever need any help click ask John at the top of the page and send me an email.
Let me share my problem with Profit Maker. After registering with Profit Maker after “buying into” Timothy Holloway’s ‘promo’, I funded a broker they recommended and directed me to via their page. A broker from “Their brokerage firm” contacted me shortly after I had funded UKOptions and said I needed to open and fund an account with “their” broker. I was confused and irritated. SoI came looking for a site like this because of some red flags and an unresolved situation of recent vintage. Here’s a Summary that I prepared as my exhibit 1 in my case, that I have pasted in here.
Profit Maker Trading Software and My Registration History
Shows that UKOptions was not my choice but the choice of Profit Maker…shows that ProfitMaker in fact directed me to register and fund and account with UKOptions. Also shows that there is a “relationship” between UKOptions and ProfitMaker.
After viewing the video promoting the benefits of the automatic trading software system (robot), you like what you’ve seen and heard so you move forward and “register”.
Then you are directed to log in.
After log in you arrive at the “Welcome to Profit Maker” Page.
It is important to note that in the top left hand corner is the name “UKOPTIONS” [SEE COPY OF PAGE ATTACHED.]
Next, a video presentation begins. Here’s a partial transcription:
“Hi there! Excellent move on getting through to the last and final step.
Henry here. Head of Technical Division here at ProfitMaker Software.”
“…By entering your information on the previous page, you’ve automatically opened an account
With a ‘trusted and recommended broker’. You probably just received an email…
You can also see the same broker account right on the page. Do you see your name at the top there?
And do you see your balance there? That balance is our own money and the investment we made for
You.
“…Once you activate the account, the software will be yours, and so will the funds we just made for you.”
So the claim that you do not know how I got to UKOptions or why I chose to open and fund an account
With them and why they contacted me, is in fact bogus.
Don L. Major
August 31, 2016
They directed me to get a withdrawal from UKOptions and fund their account.
I am awaiting resolution.
Your thoughts please. I wonder if anyone else had this problem.
Sorry to hear this Don. I have not tested this system, as you can probably tell from my review. Anyone else have any luck?